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Forbes' Richest Americans list showcases dozens of private equity execs who have made billions doing leveraged buyouts.
But six men from two private equity firms share one common distinction.
Apollo Global Management and Carlyle Gro...

Efforts by Apollo and TPG to salvage something from their $30 bln casino buyout largely failed after creditors fought back. Under a new deal, junior lenders will recover 66 cents on the dollar. Most debt investors bow to lame terms,...

Two private equity owners, TPG and Apollo Global Management, are hoping to use the bankruptcy to salvage as much as they can, but they are facing opposition from some of Wall Street’s biggest investors.